VanEck Real Assets ETF $RAAX Shares Sold by Copley Financial Group Inc.

Copley Financial Group Inc. lessened its position in VanEck Real Assets ETF (NYSEARCA:RAAX) by 93.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,968 shares of the company’s stock after selling 185,841 shares during the period. Copley Financial Group Inc.’s holdings in VanEck Real Assets ETF were worth $453,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. Raymond James Financial Inc. acquired a new stake in VanEck Real Assets ETF during the second quarter worth approximately $262,000. Jane Street Group LLC acquired a new position in VanEck Real Assets ETF in the 2nd quarter valued at $1,163,000. Prevail Innovative Wealth Advisors LLC lifted its stake in shares of VanEck Real Assets ETF by 27.2% during the 2nd quarter. Prevail Innovative Wealth Advisors LLC now owns 25,796 shares of the company’s stock worth $801,000 after purchasing an additional 5,522 shares during the period. Osaic Holdings Inc. lifted its stake in shares of VanEck Real Assets ETF by 332.7% during the 2nd quarter. Osaic Holdings Inc. now owns 2,354 shares of the company’s stock worth $73,000 after purchasing an additional 1,810 shares during the period. Finally, Stratos Wealth Partners LTD. boosted its holdings in shares of VanEck Real Assets ETF by 3.9% during the third quarter. Stratos Wealth Partners LTD. now owns 12,052 shares of the company’s stock worth $415,000 after purchasing an additional 450 shares during the last quarter.

VanEck Real Assets ETF Stock Down 0.6%

Shares of NYSEARCA:RAAX opened at $40.46 on Wednesday. The company has a market cap of $861.80 million, a P/E ratio of 22.21 and a beta of 0.54. VanEck Real Assets ETF has a 52 week low of $31.05 and a 52 week high of $42.75. The business has a fifty day simple moving average of $41.47 and a 200-day simple moving average of $39.47.

About VanEck Real Assets ETF

The VanEck Inflation Allocation ETF (RAAX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund of funds that seeks to maximize long-term real returns. It invests in ETPs with exposure to real assets, such as real estate, commodities, natural resources, or infrastructure, and may hold up to 100% cash or equivalents. RAAX was launched on Apr 9, 2018 and is managed by VanEck.